Utkarsh Small Finance Bank IPO Subscription Details

Bookbuilding IPO | ₹500 Cr | Listed at BSE, NSE | Wed, Jul 12, 2023 - Fri, Jul 14, 2023

Basis of Allotment - Utkarsh Small Finance Bank IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)5,94,00,0008,91,00,00014,85,00,00099,00,0001,98,00,0002,97,00,0001,98,00,00020,00,00020,00,00,000
Allotment price (Rs.)252525252525252525
No.of applications1712019189,14538,3391,27,48418,10,0091,51619,39,200
No.of shares applied8,06,14,38,6009,31,00,8008,15,45,39,40080,97,03,6001,80,72,38,4002,61,69,42,0001,50,75,65,40028,95,00012,28,19,41,800
Amount collected (Rs.cr.)20,153.60 232.75 20,386.35 2,024.26 4,518.10 6,542.36 3,768.91 7.24 30,704.85
No.of times subscribed135.711.0454.9181.7991.2788.1176.141.4561.41
No.of shares allotted5,94,00,0008,91,00,00014,85,00,00099,00,0001,98,00,0002,97,00,0001,98,00,00020,00,00020,00,00,000
Amount (Rs.cr.)148.50 222.75 371.25 24.75 49.50 74.25 49.50 5.00 500.00
No.of allottees171201911,1782,3573,53533,0001,26137,987

IPO Shares Offered

Utkarsh Small Finance Bank IPO is a public issue of 20.00 Cr equity shares. The issue offers 1.98 Cr shares to retail investors, 14.85 Cr shares to qualified institutional buyers, and 2.97 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 14,85,00,000371.25 74.25%
    Anchor 8,91,00,000 222.75 44.55%
    QIB (Ex Anchor) 5,94,00,000 148.50 29.70%
NII 2,97,00,00074.25 14.85%
    bNII (> ₹10L)1,98,00,00049.50 9.90%
    sNII (< ₹10L)99,00,00024.75 4.95%
Retail1,98,00,00049.50 9.90%
Employee20,00,0005.00 1.00%
Total20,00,00,000500.00 100%

Utkarsh Small Finance Bank IPO Anchor Investor Allocation

A total of 8,91,00,000 shares at a price of Rs 25 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 11, 2023
Anchor investor price₹25.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days4,45,50,000
No. of shares locked-in for 90 days4,45,50,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SBI LONG TERM ADVANTAGE FUND-SERIES VI SBI MUTUAL FUND 43,99,800 11.00 4.94 2.20
2 SBI RESURGENT INDIA OPPORTUNITIES SCHEME SBI MUTUAL FUND 15,99,900 4.00 1.80 0.80
3 SBI OPTIMAL EQUITY FUND-LONG TERM SBI 20,00,100 5.00 2.24 1.00
4 ICICI PRUDENTIAL BANKING & FINANCIAL SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 79,99,800 20.00 8.98 4.00
5 KOTAK BANKING & FINANCIAL SERVICES FUND KOTAK MAHINDRA MUTUAL FUND 8,72,400 2.18 0.98 0.44
6 KOTAK MULTICAP FUND KOTAK MAHINDRA MUTUAL FUND 71,27,400 17.82 8.00 3.56
7 ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 48,00,000 12.00 5.39 2.40
8 ADITYA BIRLA SUN LIFE RETIREMENT FUND-THE 30S PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 24,00,000 6.00 2.69 1.20
9 ADITYA BIRLA SUN LIFE RETIREMENT FUND-THE 40S PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 7,20,000 1.80 0.81 0.36
10 ADITYA BIRLA SUN LIFE RETIREMENT FUND-THE 50S PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 79,800 0.20 0.09 0.04
11 MIRAE ASSET BANKING & FINANCIAL SERVICES FUND MIRAE ASSET MUTUAL FUND 79,99,800 20.00 8.98 4.00
12 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 79,99,800 20.00 8.98 4.00
13 MASSACHUSETTS INSTITUTE OF TECHNOLOGY BASIC RETIREMENT PLAN TRUST MASSACHUSETTS INSTITUTE OF TECHNOLOGY 79,99,800 20.00 8.98 4.00
14 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 79,99,800 20.00 8.98 4.00
15 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 79,01,700 19.75 8.87 3.95
16 EDELWEISS EQUITY SAVINGS FUND EDELWEISS MUTUAL FUND 10,00,200 2.50 1.12 0.50
17 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 30,00,000 7.50 3.37 1.50
18 FOUNDERS COLLECTIVE FUND FOUNDERS COLLECTIVE FUND 55,99,800 14.00 6.28 2.80
19 WINRO COMMERCIAL (INDIA) LTD. WINRO COMMERCIAL 55,99,800 14.00 6.28 2.80
20 AG DYNAMIC FUNDS LTD. AG DYNAMIC FUNDS LTD. 20,00,100 5.00 2.24 1.00
8,91,00,000222.7510044.55

IPO Subscription FAQs

The Utkarsh Small Finance Bank IPO is subscribed 110.77 times by Jul 14, 2023 19:02.

Utkarsh Small Finance Bank IPO Subscription

Investor Category Subscription (times)
Qualified Institutional135.71
Non Institutional88.74
Retail Individual78.38
Employee Reservations18.02
Total Subscription110.77

Retail category of Utkarsh Small Finance Bank IPO subscribed 78.38 times as of date Jul 14, 2023 19:02. The public issue closes on Fri, Jul 14, 2023 for bidding.

An investor can apply in Utkarsh Small Finance Bank IPO online via bank (using ASBA) or the broker (using UPI). The Utkarsh Small Finance Bank IPO shares are offered online only.

The Utkarsh Small Finance Bank IPO is subscribed 110.77 times by Jul 14, 2023 19:02.

The Utkarsh Small Finance Bank IPO allotment status is expected on or around Wednesday, July 19, 2023. Visit Utkarsh Small Finance Bank IPO allotment status to check.

The Utkarsh Small Finance Bank IPO listing date is July 21, 2023. The equity share of Utkarsh Small Finance Bank IPO will list on BSE, NSE.

Visit Utkarsh Small Finance Bank IPO subscription status page for real-time bidding information about Utkarsh Small Finance Bank IPO.

Utkarsh Small Finance Bank IPO Timetable

IPO opens OnWednesday, July 12, 2023
IPO Closes OnFriday, July 14, 2023
Finalisation of Basis of AllotmentWednesday, July 19, 2023
Initiation of RefundsThursday, July 20, 2023
Credit of Shares to Demat AccountFriday, July 21, 2023
IPO Listing DateFriday, July 21, 2023
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